Jobs Companies 3M Global Procurement Market Intelligence & Analytics Specialist

About this Global Procurement Market Intelligence & Analytics Specialist role at 3M

3M · Onsite · IN, BANGALORE

3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

Job Description

  • Provide spend analysis, opportunity analysis, supplier analysis, market analysis, RFx analysis, and business case support for the Polymers and Direct Materials teams and other internal stakeholders.
  • Research and analyze procurement category-related data from various sources, including ERP systems, supplier intelligence platforms, market intelligence tools, and indexes/feedstocks, to identify trends, risks, opportunities, and performance insights.
  • Leverage data-driven insights to support should-cost modeling, unlock structural savings opportunities, enhance decision-making, and maximize savings delivery.
  • Identify commercial opportunities and improvement areas within existing supplier and contractual partnerships.
  • Work with category leaders to support the development and documentation of category strategies.
  • Support weekly and monthly category reporting across defined KPIs.
  • Develop an approach to understand internal business strategies and align applicable category strategies accordingly.
  • Support monthly Procurement Operations reviews and executive presentations as needed.
  • Support category teams with complex commercial models, including vendor-managed inventory, consigned materials, and formula-based pricing arrangements.
  • Manage third-party market intelligence and index subscription suppliers and facilitate regular market update sessions between suppliers and internal stakeholders.
  • Provide ad hoc support for procurement workstreams such as supplier reviews, tendering, and supplier data segmentation.
  • Develop and manage measurements of Procurement’s innovation and new product introduction contributions.

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M.

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About 3M

At 3M we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @3M or @3MNews.

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